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20121129
20121207
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CSPAN
Dec 6, 2012 5:00pm EST
reporter on the latest in the senate on president obama's proposal on the fiscal cliff and the debt ceiling. this is about five minutes. >> andrew taylor covers congress for the associated press. there were some attempts by mitch mcconnell to get roll-call votes on the president's debt plan and his fiscal cliff plan and the debt ceiling plan. what was he trying to do? >> guest: he was trying to embarrass the democrats. for instance, the president's plan on the debt ceiling was basically allowing the president to request whatever increases without the approval of congress and he thought that would embarrass democrats if they had to vote for it particularly endangered ones. >> sounded like leader reid took the bait. how the democrats respond? >> guest: there are a lot in politics going on here. we just talked about politics from mcconnell's side. democrats are aware that even if they allow -- even if they get the republicans to crumble on raising tax rates for upper bracket people there is still going to be a need next year, say march, to increase the debt limit and that was what john boehner
CSPAN
Dec 6, 2012 12:00pm EST
with the fiscal cliff and dealing with our debt situation and not have a debt ceiling hanging out there as a diversionary but dangerous issue. but for some reason, inexplicable, the minority leader, the republican leader, changed his mind. now, he said on the floor well, important measures deserve 60 votes, but when he brought it up earlier, he acted as if he was in favor of it, he was offering it. and now, of course, essaying no, he's going to object to his own resolution. i wish he would reconsider. again, playing -- using the debt ceiling as leverage, using the debt ceiling as a threat, using the debt ceiling as a way to achieve a different agenda is dangerous. it's playing with fire. and yet, with the opportunity to take that off the table, reassure the markets, the minority leader blinked. i don't know why. it's hard to figure out the strategy that he's employing, but we would hope on this side of the aisle -- and i think i speak for all of us -- that he would reconsider and perhaps early next week let us vote on his own resolution. i yield the floor. mr. schumer: i notice th
CSPAN
Dec 4, 2012 12:00pm EST
an agreement have to be part of the agreement to divert the fiscal cliff? >> we're not going to negotiate over what is a fundamental responsibility of congress, which is to pay the bills that congress incurred. it should be part of the deal. it should be done. it should be done without drama. we cannot allow our economy to be held hostage again to the whims of an ideological agenda. it's -- we are the united states of america. we are the greatest economy on earth. we pay our bills. we always have. you know, if congress wants to reduce spending, that should be part of the negotiations that go into making decisions about how we spend, you know, the programs we spend money on, and the president's very interested in reducing spending and reducing our deficits, but you don't default on the economy. that is -- we saw -- >> [inaudible] >> yes. we saw what happened in 2011, and it's unacceptable. >> did the president have to chance to speak to republicans last night at the reception here about the fiscal cliff? >> i won't read out conversations. the president and first lady met with scores and scores
CSPAN
Nov 29, 2012 9:00am EST
in secret day after day, week after week. the deadlines are getting closer. the fiscal cliff is getting closer. then on the threat of panic, force through some deal to maintain the status quo for taxes, more spending, more debt. it would be presented to the senate in a way that if it's not adopted immediately, the country will be in great fiscal danger. this process. -- this process needs to be taken out of the shadows. we need public debate, and people would know the facts that are now being hidden from us and hidden from members of congress. we don't know what's going on. the latest article in "politico" today said the deal -- the so-called deal has been negotiated by the speaker of the house and the president, not even harry reid is in the meetings, apparently. certainly not the members of the united states national or the members of the house of representatives -- united states senate or the members of the house of representatives. and if we had a public debate, people would discover that according to the c.b.o. mandatory spending is going to increase -- increase nearly 90% over the
CSPAN
Nov 29, 2012 5:00pm EST
in the grand bargain discussions, the fiscal cliff discussions is to make sure that we encourage economic growth and jobs and so we should use this as an opportunity to address the underlying problem as that are holding back our economy. an economy that's in tough shape today. unemployment is still stuck just below 8%. the projections c.b.o. have given us for next year, by the way, are continued anemic growth in the economy and, in fact, unemployment actually going up, not down. the economic case against just imposing higher taxes is really overwhelming. we all know if you tax something, people tend to do less of it. that's one reason why smoking is taxed, to push people to quit smoking. so i want to raise taxes on working, on saving and on investing. instead, we should encourage activities that -- we should encourage a policy that creates jobs, not discourages it through higher taxes. don't take it from me. there are others who have commented on this on both sides of the aisle. christina romer, president obama's chief economic advisor. has written in most circumstances a tax equals incre
CSPAN
Nov 30, 2012 12:00pm EST
the challenges facing the nation and our leaders today in the fiscal cliff approaching even now working to explore an agreement that would avoid an economic free for all while progress in reducing our long-term debt. the session will go back in time to better understand our current prospects. we will be looking back at the last time the parties joined together in a bipartisan budget summit. the 1990 andrews air force base summit together brought all of the keithley years, members and staff and what resulted in a successful five-year budget agreement. president george h. w. bush and congressional democrats ended up agreeing on a package with significant spending to the revenue changes seating over $500 billion over five years. moreover the locked in the discipline from the future by achieving major budget process reforms including an adoption of the discretionary spending caps and paygo discipline on the mandatory revenue side and the budget. just as now there were doubts whether it could be done skepticism always flourishes and the stakes are higher and political leaders are sparingly w
Search Results 0 to 5 of about 6